How Did Superloop Secure 200,000 Origin Broadband Subscribers So Fast?
Superloop has reached a significant milestone under its exclusive contract with Origin Energy, surpassing 200,000 broadband subscribers on its network. This achievement highlights the growing demand for wholesale internet services in Australia.
- Exclusive six-year wholesale internet contract with Origin Energy
- Milestone 3 achieved with over 200,000 Origin broadband subscribers
- Contract commenced in March 2024
- Superloop leverages extensive fibre and subsea infrastructure
- Potential for continued subscriber growth and revenue expansion
Contract Milestone Achieved
Superloop Limited (ASX:SLC) has announced a key milestone in its ongoing partnership with Origin Energy Retail Ltd. As of 13 May 2025, the telecommunications company has successfully connected over 200,000 Origin broadband subscribers to its network, marking the achievement of Milestone 3 under their exclusive six-year wholesale internet services contract signed in March 2024.
Strategic Partnership Driving Growth
This milestone underscores the strength of Superloop’s infrastructure and its ability to support large-scale retail broadband operations. Origin Energy’s choice to partner exclusively with Superloop reflects confidence in the company’s network capabilities, which include fibre optics, subsea cables, and fixed wireless technologies. These assets enable Superloop to deliver reliable, high-speed internet services to a growing customer base.
Market Implications and Competitive Positioning
Superloop’s role as a wholesale provider allows challenger retail brands, including its own Superloop and Exetel brands, to compete more effectively in the Australian broadband market. The rapid subscriber uptake through Origin suggests that Superloop’s Infrastructure-on-Demand platform is gaining traction, potentially translating into increased market share and revenue growth in the consumer and business segments.
Looking Ahead
While the announcement does not disclose specific financial impacts or future guidance, the milestone achievement signals positive operational momentum. Investors will be watching closely for subsequent updates on subscriber growth and any further milestones under the Origin contract, which could provide clearer insight into Superloop’s long-term revenue trajectory.
Bottom Line?
Superloop’s milestone signals strong momentum but leaves questions about the financial upside and future growth pace.
Questions in the middle?
- What are the financial implications of reaching 200,000 subscribers under the Origin contract?
- How quickly does Superloop expect subscriber numbers to grow beyond this milestone?
- Will Superloop pursue additional wholesale contracts to replicate this success?